What Abercrombie & Fitch's Earnings Mean for Mutual Fund Investors (ANF)
Shauna O'Brien Dec 03, 2014
The company reported adjusted earnings of $30.4 million, or 42 cents per share, down 25% from $40.5 million, or 52 cents per share, in the year prior. On average, analysts expected to see EPS of 41 cents.
Revenue declined 12% to $911 million and missed analysts’ estimate of $918.3 million.
Looking ahead, the company expects to see FY2015 earnings between $1.50 and $1.65 per share. On average, analysts expect to see $1.74 per share in earnings.
Mutual Funds to Watch
|FLPSX||Fidelity Low-Priced Stock||10.12%|
|ACGIX||Invesco Growth and Income||3.40%|
The Bottom Line
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